The global technology industry experienced an 18% decline in the number of batteries-related patent applications in Q3 2023 compared with the previous quarter. The total number of batteries-related grants dropped by 23% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Technology: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.
Notably, the number of batteries-related patent applications in the technology industry was 3,400 in Q3 2023, versus 4,135 in the prior quarter.
The top five companies accounted for 46% of patenting activity
Analysis of patenting activity by companies shows that Contemporary Amperex Technology filed the most batteries patents within the technology industry in Q3 2023. The company filed 639 batteries-related patents in the quarter, compared with 854 in the previous quarter. It was followed by Samsung SDI with 335 batteries patent filings, Panasonic (276 filings), and Ningde Times New Energy Technology (186 filings) in Q3 2023.
Patenting activity was driven by the US with a 20% share of total patent filings
The largest share of batteries related patent filings in the technology industry in Q3 2023 was in the US with 20%, followed by China (20%) and Japan (14%). The share represented by the US was 2% higher than the 18% share it accounted for in Q2 2023.
For further understanding of GlobalData's Technology: Patents Trends Q3 2023, buy the databook here.